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‘Endothermic Miners’ Scam From OnMiners Uses Fake Team, Office Photos

An self-styled cryptocurrency mining company from Luxembourg has fielded multiple scam accusations after it emerged its executives do not exist. Critics Say OnMiners Claims Too Good to Be True OnMiners, which purports to produce three mining rigs with vastly superior hash power to market competitors, used stock photos and likely fake names for its leadership on its website. дальше »

2019-3-20 14:00


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[UPDATE: Possible Scam] – Endothermic Mining Rigs Unveiled By Luxembourg Startup

UPDATE: After receiving some feedback from our readers, we found significant evidence that the OnMiners company is likely a scam. We will have more details shortly.   OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation. дальше »

2019-3-20 22:00


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‘Game-Changing’ Endothermic Mining Rigs Unveiled By Luxembourg Startup

OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation. Lowering Mining Costs with Endothermic Chips New companies and new technologies are entering the crypto mining space with the aim of lowering costs and energy consumption. дальше »

2019-3-19 22:00


Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »

2019-2-19 16:53


New China Crypto Mining Rumor: BitFish’s F2Pool Disconnects BTC ASICs Causing Bitcoin Hashrate to Drop

While some of the ongoing rumours can neither be confirmed or denied, it is being reported all over the internet that the recent drop in Bitcoin’s native hashrate has forced a large number of crypto mining rigs within China to be turned off— primarily because this business avenue no longer seems to be profitable. According […] дальше »

2018-11-23 03:35


Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?

There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto. дальше »

2018-11-21 23:26


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of […] The post ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs appeared first on Bitcoin News. дальше »

2018-11-21 19:15


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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »

2018-11-16 16:09